Regulation· ★★★★· neutral·

CFTC proposes new federal crypto regulatory framework

  • —CFTC proposed a single federal framework for crypto market oversight
  • —Chairman Michael Selig presented the proposed rules himself
  • —Bitcoin, Ethereum and major crypto assets are in focus
Why it matters: A federal CFTC framework could settle which assets count as commodities and who oversees the market.
Source: Bing News (crypto query)